110 Boiling Down Road, Warrnambool, VIC 3280

Quick Key Real Estate proudly presents this future residential development site in Warrnambool (subject to council approval). Welcome to an opportunity to develop and expand your horizons. This 7 acre approx. site sits tantalisingly close to both, the North East Warrnambool residential growth corridor as well as the Horne Road Industrial Estate. With the rapid growth of the area we have seen in previous years, it's a location that has eyes on it from all over the country. Only minutes to major shopping centres, schools, shops, Hopkins River, it's easy to see why you'd want to live or develop the sit. Currently there is are two residences at the rear of the property quite close to each other as well as an old dairy. These properties are in need of extensive renovation if the buyer wishes to utilise them. Current zoning of the property is FZ but further details about the area can be found on the local WCC website. We look forward to helping you with your interest.

A steady increase in median property prices over a five-year period in the suburb has given property investors a potential property growth of 81.82%. The site is situated minutes away from the residential area in Warrnambool. As per VPA, it is also planned to provide approximately 4,000-4,500 homes to accommodate a population of more than 12,000 people. The PSP includes community facilities, local parks, and potentially new schools. It will include a neighbourhood activity centre (shops / supermarket), open space, sporting reserves, local parks and shared paths. It's estimated to generate more than 500 jobs (employment opportunities).

Warrnambool is a city on the southwestern coast of Victoria, Australia. Situated on the Princes Highway, Warrnambool marks the western end of the Great Ocean Road and the southern end of the Hopkins Highway. At the 2021 census, Warrnambool had a population of 32,894. Situated on the Princes Highway, Warrnambool (Allansford) marks the western end of the Great Ocean Road and the southern end of the Hopkins Highway.

DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.